AI, Technology & Data

Operational Risk

Taiwan FSC Fines Shin Kong Life for Control and Data Breaches

By Editors | 27/01/2026

The insurer was penalised for significant internal control failures in its real estate operations and for violating data protection laws.

Structural Regulation

Taiwan FSC Digitises Buyback Reporting, Extends Disclosure History

By Mark Johnston | 26/01/2026

FSC shifts compliance to MOPS and requires five-year repurchase history, effective May 2026 to allow preparation.

Structural Regulation

China NFRA Overhauls Licensing Rules With New Digital-first Framework

By Mark Johnston | 26/01/2026

New regulations taking effect 1 March mandate electronic filings, clarify review hierarchies and set strict penalty timelines for market entry and personnel approvals.

KYC & CDD

Hong Kong MPFA Tightens eMPF Security, Halts eKYC Onboarding

By Sanday Chongo Kabange | 26/01/2026

The move follows a fraud incident and introduces mandatory iAM Smart verification for new registrations and some fund withdrawals.

Custody & Infrastructure

Korea Tests Autonomous AI Payment System Using Digital Currency Tokens

By Mark Johnston | 26/01/2026

The BOK and LG CNS have successfully demonstrated a payment infrastructure allowing AI agents to autonomously transact using blockchain-based deposit tokens.

AI Risk & Governance

Bank of Korea Unveils 'World First ‘Sovereign’ AI Platform

By Mark Johnston | 25/01/2026

BOK's in-house LLM is a test case for data security, sovereignty, and reforming Korea's strict network separation rules.

KYC & CDD

Malaysia Expands MyDigital ID Testing to 18 Banks in Phase 2 Sandbox

By Nithya Subramanian | 23/01/2026

The testing phase, set to conclude in March 2026, aims to enable secure digital identity verification for financial services.

Fraud, Scams & Cybercrime

Global Leaders Ramp Up Efforts to Combat Organised Crime-Driven Scams

By Manesh Samtani | 23/01/2026

Experts from banking, tech and law enforcement call for a shift to prevention, warning that AI can be exploited by bad actors as a "force multiplier" for fraud.

Tokenisation

Taiwan FSC Adopts Proposals on RWA Tokenisation, AI Risk

By Editors | 23/01/2026

Regulator greenlights 18 industry proposals, including plans for a real-world asset tokenisation platform and reduced capital charges for infrastructure investment.